Word: corpe
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...That last comment was interpreted by several analysts as a reference to News Corp.'s purchase of MySpace.com, a deal that Viacom was seen as having missed. Though Redstone was equally impatient with Viacom's lagging stock price, which is down 10% this year - compared to sister company CBS, which is up more than 10% - his muscle-flexing didn't immediately cheer investors. Just after the announcement, Merrill Lynch's Jessica Reif Cohen, an influential entertainment industry research analyst , issued a critical report downgrading her rating on Viacom to "neutral" from "buy" because she said "significant uncertainty" remains about...
...since February, distribution of Metro, Associated's morning London giveaway, has risen almost 10% to 549,000 copies a day. "We're keen to attract the urbanite audience on their way home," says Steve Auckland, head of Associated Newspapers' Free Newspaper Division. So, too, is Rupert Murdoch. His News Corp. already publishes the storied Times and tabloid Sun newspapers, but this week, it will also distribute thelondonpaper, with an opening print run and lighthearted content similar to London Lite's. Their difference? "We're building a genuine brand, a genuine newspaper," says an agitated News Corp. executive who asked...
...Zealand cameraman Olaf Wiig, 36 - were kidnapped from Gaza to embarrass Haniyeh's government. The militants, who earlier identified themselves as members of the previously unknown Holy Jihad Brigades, were enraged with fellow Hamas militants because they too had joined in the daring capture on June 25th of Corp. Shalit, in which Palestinian gunmen tunneled under a wall and attacked an Israeli army post. But according to these security sources, the militant groups fell out after Hamas' military wing took control of Shalit and elbowed the other co-conspirators aside...
...when the U.S. Army wanted to design a better vehicle for Iraqi-style urban warfare, its Tank-automotive and Armaments Command's National Automotive Center (NAC) contracted several companies - including Ford Motor Co. and Integrated Concepts and Research Corp. (ICRC) - to develop a gadget-laden, all-terrain vehicle in the style of the ever-equipped James Bond. "The truck's design team drew inspiration from 007 movies," NAC spokesperson for the Army's National Automotive Center, Germane Fuller told TechWeb...
...George Pipas, Ford sales analyst, acknowledges that Ford is more dependent on sales of large pickup trucks than its rivals. Fully 30 % of Ford's sales are in the pickup segment, while pickups account for only 22% of General Motors Corp, sales, 14% of the Chrysler Group sales and only 5% sales at Toyota, which outsold Ford in total vehicle sales for the first time ever in July."It's not that our sales are down more than anybody else's. Actually they're not. But they whole segment is down and it hurts us more,"says Pipas, who notes...